Want to see CH:MOLN full AI Analyst Report?
Top Page
Molecular Partners AG
(MOLN)
Select Model
Select Model
Rating:51Neutral
Price Target:
CHF3.50
▲(2.64% Upside)
Action:Reiterated
Date:08/27/26
The score is held back primarily by weak financial performance (no TTM revenue, ongoing losses, and significant negative free cash flow), partially offset by a low-debt balance sheet. Technicals are comparatively stronger, with price above key moving averages and positive MACD, but momentum indicators are nearing stretched levels. Valuation remains constrained by loss-making status (negative P/E) and no dividend support.
Positive Factors
Proprietary DARPin platform
A proprietary therapeutic platform can support repeated discovery across multiple programs instead of relying on a single asset. DARPin molecules are designed for precise target binding, giving the company a differentiated scientific foundation as it advances oncology and other clinical opportunities.
Negative Factors
No current reported revenue
The absence of current reported revenue means the business has not yet demonstrated a recurring commercial earnings base. Revenue volatility also leaves financial performance dependent on pipeline progress and the timing of collaboration economics rather than on stable product demand.
Read all positive and negative factors
Positive Factors
Negative Factors
Proprietary DARPin platform
A proprietary therapeutic platform can support repeated discovery across multiple programs instead of relying on a single asset. DARPin molecules are designed for precise target binding, giving the company a differentiated scientific foundation as it advances oncology and other clinical opportunities.
Read all positive factors
Molecular Partners AG (MOLN) vs. iShares MSCI Switzerland ETF (EWL)
Market Cap
CHF130.01M
Dividend YieldN/A
Average Volume (3M)17.37K
Price to Earnings (P/E)―
Beta (1Y)0.69
Revenue Growth-100.00%
EPS Growth24.46%
CountryCH
Employees134
SectorHealthcare
Sector Strength45
IndustryBiotechnology
Share Statistics
EPS (TTM)-1.36
Shares Outstanding40,374,640
10 Day Avg. Volume9,483
30 Day Avg. Volume17,368
Financial Highlights & Ratios
PEG Ratio-0.54
Price to Book (P/B)1.57
Price to Sales (P/S)0.00
P/FCF Ratio-2.51
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-1.39
Revenue Forecast (FY)N/A
Molecular Partners AG Business Overview & Revenue Model
Company Description
Molecular Partners AG is a clinical-stage biopharmaceutical firm dedicated to discovering, developing, and bringing to market novel therapeutic proteins. Leveraging its proprietary DARPin® platform, the company is advancing a diverse pipeline of p...
How the Company Makes Money
Molecular Partners primarily makes money through (1) collaboration and licensing arrangements and (2) to the extent applicable, potential downstream commercialization economics tied to partnered or out-licensed programs. Under typical biotech part...
Molecular Partners AG Earnings Call Summary
Earnings Call Date:Mar 06, 2025
(Q4-2024)
| % Change Since: |
Next Earnings Date:Mar 18, 2027
Earnings Call Sentiment Positive
Molecular Partners demonstrated significant progress in advancing their pipeline, particularly with the radio DARPin franchise and T cell engager 533, while maintaining a strong financial position. However, the discontinuation of the Novartis collaboration and resulting revenue impact were notable drawbacks.Positive Updates
Successful Execution of 2024 Program Goals
Molecular Partners advanced their radio DARPin franchise with the lead compound DLL3 targeting 712 passing all IND-enabling studies, ready for clinical trials. They selected mesothelin as a new target and expanded their collaboration with Orano Med, securing 10 slots for Lead-212 isotope.
Negative Updates
Novartis Collaboration Setback
The collaboration with Novartis was not continued as the targets did not progress as expected. This decision was mutual and based on strategic interests.
Read all updates
Q4-2024 Updates
Positive
Negative
Successful Execution of 2024 Program Goals
Molecular Partners advanced their radio DARPin franchise with the lead compound DLL3 targeting 712 passing all IND-enabling studies, ready for clinical trials. They selected mesothelin as a new target and expanded their collaboration with Orano Med, securing 10 slots for Lead-212 isotope.
Read all positive updates
Company Guidance
During the Molecular Partners Fourth Quarter and Full Year 2024 Results Call, several notable metrics and guidance were provided. For the fiscal year 2024, the company reported revenues of CHF 5 million, exclusively from the Novartis collaboration. Operating expenses were CHF 66 million, within the guidance range of CHF 65 million to CHF 70 million, with 74% allocated to R&D. The net financial result benefited from high interest rates, contributing to an end-of-year cash balance of CHF 149 million, down from CHF 187 million the previous year, resulting in a cash burn of CHF 54 million. Looking ahead to 2025, Molecular Partners anticipates operating expenses between CHF 55 million and CHF 65 million, excluding potential partnership payments. The company is focused on advancing its radio DARPin programs, particularly MP0712, with expectations to start clinical trials and provide initial imaging data by the end of the year, while also progressing with its T cell engager program, MP0533, in AML, with new dosing amendments and outcomes expected by year-end.Molecular Partners AG Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
22
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 4.97M | 7.04M | 189.56M | 9.33M |
| Gross Profit | -2.02M | -2.15M | -42.53M | -40.81M | 138.81M | -46.39M |
| EBITDA | -49.26M | -53.26M | -51.63M | -59.52M | 119.00M | -60.66M |
| Net Income | -51.23M | -61.65M | -54.04M | -61.98M | 117.85M | -63.78M |
Balance Sheet | ||||||
| Total Assets | 75.70M | 102.11M | 158.53M | 198.35M | 262.26M | 172.67M |
| Cash, Cash Equivalents and Short-Term Investments | 67.93M | 93.06M | 149.44M | 186.89M | 249.14M | 132.81M |
| Total Debt | 3.04M | 3.64M | 2.44M | 3.65M | 4.85M | 6.04M |
| Total Liabilities | 17.15M | 21.77M | 16.89M | 21.92M | 27.09M | 65.38M |
| Stockholders Equity | 58.54M | 80.33M | 141.64M | 176.43M | 235.17M | 107.29M |
Cash Flow | ||||||
| Free Cash Flow | -45.65M | -50.24M | -59.97M | -59.81M | 117.15M | -92.26M |
| Operating Cash Flow | -45.46M | -49.53M | -59.25M | -59.01M | 118.57M | -90.95M |
| Investing Cash Flow | 32.00M | 70.82M | 40.49M | 44.64M | -101.12M | -22.24M |
| Financing Cash Flow | -1.11M | -1.15M | 14.43M | -1.17M | -1.57M | 50.58M |
Molecular Partners AG Technical Analysis
Negative
3.41
Price Trends
3.36
Negative
3.24
Positive
3.33
Negative
Market Momentum
-0.02
Positive
46.75
Neutral
41.48
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:MOLN, the sentiment is Negative. The current price of 3.41 is above the 20-day moving average (MA) of 3.37, above the 50-day MA of 3.36, and above the 200-day MA of 3.33, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 46.75 is Neutral, neither overbought nor oversold. The STOCH value of 41.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CH:MOLN.
Molecular Partners AG Risk Analysis
Molecular Partners AG disclosed 102 risk factors in its most recent earnings report. Molecular Partners AG reported the most risks in the "Tech & Innovation" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Molecular Partners AG Peers Comparison
UnderperformOutperform
Sector (51)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | CHF845.18M | 16.03 | ― | 8.99% | 4.74% | -28.96% | |
52 Neutral | CHF232.48M | -3.90 | 684.83% | ― | 97.32% | -11.07% | |
51 Neutral | $7.86B | -0.30 | -43.30% | 2.27% | 22.53% | -2.21% | |
51 Neutral | CHF130.01M | -2.43 | -67.67% | ― | -100.00% | 24.46% | |
51 Neutral | CHF222.16M | -5.52 | 258.11% | ― | -82.88% | -212.48% | |
45 Neutral | CHF1.19B | -3.34 | ― | 86.75% | -8.06% | -87.00% | |
41 Neutral | CHF26.60M | -2.13 | -49.18% | ― | ― | ― |
* Healthcare Sector Average
CH:MOLN
Molecular Partners AG
3.31
0.50
17.58%
CH:BSLN
Basilea Pharmaceutica
67.00
19.70
41.65%
CH:IDIA
Idorsia Ltd
4.44
0.12
2.85%
CH:NWRN
Newron Pharmaceuticals SpA
8.14
-2.68
-24.77%
CH:SANN
Santhera Pharmaceuticals Holding
15.08
4.30
39.89%
CH:MMTX
MindMaze Therapeutics Holding SA
0.15
-3.22
-95.64%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.